Delivery Hero to expand in Germany after Deliveroo investment August 10, 2021 Berlin-based company Delivery Hero has announced that it is to rollout its food and grocery delivery services in more German cities this autumn. The move comes after it announced buying a 5.9 per cent stake in rival delivery company Deliveroo. Delivery Hero was originally founded in Berlin a decade ago, but three years ago ceased [...]
Deliveroo shares surge after German rival purchases stake August 9, 2021 Deliveroo shares have jumped by ten per cent to the highest level since trading began after a German rival purchased a stake in the company. On Monday Deliveroo disclosed that it received a notification “of major holdings in the company’s shares from Delivery Hero after market close on 6 August 2021,” pushing share prices to [...]
The future of film: Big screen’s make or break moment August 9, 2021 As blockbuster season explodes into action and Cannes finally reconvenes, it may seem like business as usual for cinema. But peek behind the scenes and there are still huge challenges to overcome. Three CAs in the sector tell Christian Koch about the big screen’s make-or-break moment. This article first appeared in ICAS’ CA magazine. Hollywood and [...]
Coinbase gets its (second) act together – really August 7, 2021 City AM columnist Monty Munford casts away his early doubts over Coinbase to discover a new-found love for the platform.
Time for Shop Out to Help Out the High Street August 4, 2021 As Coronavirus restrictions are lifting and the highly anticipated ‘freedom day’ has arrived, life may feel like it’s gradually getting back to normal – but for independent retailers, it’s another story entirely. With even the well-known high street stores in disarray, how do we expect the smaller independent businesses on our high streets to power through, [...]
“DinoBanking”- Prehistoric U.S. Legacy Banking August 3, 2021 U.S. banking is primitive. It forces some to write checks in this day and age. Yet some politicians and paid lobbyists are doing everything they can to kill off the vastly superior platforms of DeFi through onerous regulations. Typical banks and credit unions offer no ACH transfer, no automatic payroll. The check can’t be too [...]
Greggs bakes in recovery as chain plots high street expansion August 3, 2021 Greggs appears well set for expansion after a sustained recovery in sales as coronavirus restrictions have eased. The British bakery and fast-food chain made £55.5m in pre-tax profit in the first half of 2021, compared to a pre-tax loss of £64.5m in the same period last year. Total sales amounted to £546.2m. The increase in [...]
Deliveroo set to pull out of Spain following gig economy law changes July 30, 2021 Deliveroo is set to shut down its operations in Spain, months after the government announced changes to the legal status of gig economy workers. The British company, which listed in London earlier this year, said it would consult on pulling out of the market due to the high levels of investment needed and uncertainty over [...]
Screenshot: Will the digital advertising boom ever end? July 30, 2021 This week **Media Moment of the Week: You are what you tweet **Will the digital advertising boom ever end? **Esports: Britain’s next big thing? Media Moment of the Week: You are what you tweet You know the scenario: someone says something you don’t like on Twitter and you have an overwhelming urge to rise to [...]
Green with envy: companies around the world have pledged to go net zero without a plan to get there July 29, 2021 There has been an avalanche of commitments to reduce emissions, from private companies to governments around the world. More than 20 per cent of the world’s largest corporations have set net zero targets and most major economies have committed to achieving net zero by the mid century. Yet, with the existing policies, we are currently [...]